Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16325. (Read 26630703 times)

Truth be told, I have never really caught you being constructive in any way here. You always seem to bully people that do not share your faith and belief and believe that Bitcoin must succeed.
Feel free to rant on all you like though: that's what you are known best for here anyways  .

You are a believer Torque, nothing more. The simple fact that you tend to suggest you are something else than that, doesn't change it. You have put your faith  in this thing, and that's fine by me.

"I don’t have time to try to convince you, sorry"

Very well put . Butt hurt comes to mind

Amazing, simply amazing.

People who claim to have no btc and are huge skeptics of Bitcoin's long term success. But somehow still manage to find time in their busy daily schedule to pontificate their negativity on the Bitcoin forum!

Thank god for these people. Whatever would we do without their insight and wisdom?

None: I did pick up some things in the meanwhile. I did some research on trading and everything associated with it, got some books on the shelf here, but in the end it is pseudo-science at best in my view.  Sometimes charts might give an important clue, which I think is the case now, but in the long run there is no point in trusting on TA and the like.

While in BTC in the past I started doing some research on credible alternatives in the cryptosphere, with possible real world application, and ended up investing getting out of BTC and investing in XRP back in 2014 (at least around that time). I hindsight that was no poor decision (   ) , but those that stayed in Bitcoin in 2014 through 2016 made no poor decision as well.  Then again, Bitcoin's problems in my view are nearly exclusively the same ones as in late 2013/early 2014: no real world usecase, very few people using it, high volatility and the entire link with China. I see no realistic scenario of it succeeding in the long run, including my view that Bitcoin as it is cannot function as a store of value. Let alone the extremely important regulatory aspects involved.

The relationship with China will come back to bite Bitcoin, even though lots of people here assumed 'China' was no longer a problem in this game. If the Chinese government indeed starts cracking down on mining farms, the panic here will be unreal, and the dumps will be even more severe. But even without that, I think Bitcoin has entered a bear market already - with the bubble being ready to pop right now.

Out of interest before you were interested in Bitcoin and Bitcoin trading, have you had much prior exposure to trading in any other markets? or visited any other trading/investment forums? PMs? Forex? etc

I moved out of Bitcoin when I was 16. Never looked back.

As in literal years ago?

September 30th ~ bitcoin to 10k? weeee

I wish it was that easy of an explanation .  Also, I moved out of left BTC years ago already.

No, I have been fascinated with Bitcoin for years, and consider the attitude on this forum - especially the permabullism and the constant and ever encompassing rage against criticism - as an interesting social experiment. I have little doubt people will read  the history of these boards in years to come, to see how group think can lead to catastrophic results.

Especially the tribalism here (strong hands vs weak hands, bulls vs bears) is so ridiculously narrow minded that it actually gets intriguing at some point.

Beartrolls hoping to shake some more BTC off weak hands?  

Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad


https://news.bitcoin.com/russian-governor-cryptocurrency-miners-mining-farms-leningrad/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

I guess this is....bearish

Get it?

lol

mistake fixed  

  Aaaaah ! Missed !

Torque had quoted me. You put him on my place.

With all of those 500 companies buying back their own stock shares, and central banks buying up stocks as well, what could possibly go wrong?  

But of course, I don't think many of those companies will ever file bankruptcy, since the Fed and central banks have their backs. Just another bail-in here, another round of QE there, and voila! Back in business, man.

The S&P500 contains survivors bias - failed firms fall out of it and are replaced. To the extent therefore that corporates make returns on equity and pay out less than those returns to shareholders then yes on average the S&P goes up. Also as the USD devalues the value of "real assets" increases (including stocks) and so the S&P increases as the USD is devalued. The S&P only falls to zero if the value of the biggest 500 corporates in America falls to zero

Well good morning Bitcoinland.

Woke up just in time to see we're having a dip... currently $3720USD/#4580CAD (Bitcoinaverage).

Not a buying opportunity yet but if it goes down this much again, I'll consider it.

Meanwhile, AltcoinCash is also falling... currently $444USD/$550CAD (Coinmarketcap).

Up, down, up, down, bouncy, bouncy.

Good for day traders, I suppose.


ftfy  

END list, good luck!

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i just put the last 2 names on this guess list ( normal over time but now it stays like how it is )   

AGAIN GL